A matrix growth model suitable for analysis of uneven-aged forest management is developed based on recursive equations represented on matrix form. The equations consist of transition probabilities forming part of application of Markov chain theory, which describe growth between diameter classes,...

Mathematical programming models suit policy makers' needs for assessing impacts of new policies and modellers' needs for new parameters, constraints and activities to represent the phenomenon under study. The AROPAj model aims at taking into account any geographical extension of the European...

A3_2

Benefit transfer entails using estimates of non-market values derived at one site as approximations to benefits at other sites. The method finds favour because it can be applied quickly and cheaply, however the validity of benefit transfer is frequently questioned. Published studies generally...

This paper develops a structural econometric model of agricultural land use and production based on the joint multi-output technology representation introduced by Chambers and Just (1989). Starting from a flexible specification of the farm profit function we derive land use allocation,...

Although mixed logit models are common in stated preference applications, resulting welfare estimates can be sensitive to minor changes in specification. This can be of critical relevance for policy and welfare analysis, particularly if policymakers are unaware of practical implications. Drawing...

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In this article, a hybrid heuristic algorithm based in Genetic Algorithm and Hooke and Jeeves in described for solving a complicated forest harvest decision problem, which involves optimization of thinning and final felling under price risk for a mixed species stand of spruce and pine. The...